Magna International, Inc. ( MGA ) will begin trading ex-dividend on March 08, 2018. A cash dividend payment of $0.33 per share is scheduled to be paid on March 23, 2018. Shareholders who purchased MGA prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20% increase over prior dividend payment.
The previous trading day's last sale of MGA was $52.71, representing a -12.14% decrease from the 52 week high of $59.99 and a 33.44% increase over the 52 week low of $39.50.
MGA is a part of the Capital Goods sector, which includes companies such as Honeywell International Inc. ( HON ) and Aptiv PLC ( APTV ). MGA's current earnings per share, an indicator of a company's profitability, is $5.9. Zacks Investment Research reports MGA's forecasted earnings growth in 2018 as 11.82%, compared to an industry average of 16.6%.
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